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Strategies & Market Trends : NASDAQ SP DJ OEX INDICES TA ONLY! -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (33)	5/12/2000 7:24:00 PM
From: IndexTrader	Read Replies (1) \| Respond to of 93

Hi GZ, You sure can switch gears quickly. I wish I could. <g> It does look like the Naz moves down again next week. I am not sure if this fork is still active (3/10 high, bisect 3/16 and 3/24). We sliced through the lower tine of this fork on the 14th and the 17th, but quickly moved back to the upper tine and were pushed back on 5/1, 5/5 and today. If this fork is still good, then we should move to at least the middle tine (approx 2900). There is also a new fork: 4/17 low, bisect 5/1 high and 5/10 low. The lower tine on this one is approx 3450. Thats the number I will be watching to decide whether or not to go short. Again, I'm not sure if the forks are good, but they sure are fun to draw. Have a wonderful weekend. Susan